Journal of Commerce--Executives at clothing retailer the Gap say they plan to keep inventories more lean in the coming year and use a “fast pipeline” to respond to demand after seeing net profit fall back by a third on reduced sales in the company’s fiscal third quarter.
“What we want to do is never get too far ahead of demand in terms of inventory,” Chief Financial Officer Sabrina L. Simmons told investment analysts after the Gap released its report on the quarter ending Oct. 29.
Read more!
“What we want to do is never get too far ahead of demand in terms of inventory,” Chief Financial Officer Sabrina L. Simmons told investment analysts after the Gap released its report on the quarter ending Oct. 29.
Read more!
